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Assistant Vice President - Payroll & Compliance

Today 2026/09/13
Other Business Support Services
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Job description

Do you want your voice heard and your actions to count?


Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.


With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.


Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.


Job Title: AVP – Payroll & HR Operations
Location: BKC, Mumbai
Department: Human Resources



Role Overview



We are seeking a detail-oriented Analyst – Payroll & HR Operations to manage
end-to-end payroll administration, statutory compliance, and retiral processes. This role requires strong analytical skills, stakeholder collaboration, and the ability to
ensure accuracy, compliance, and efficiency across payroll and HR operations.



Key Responsibilities



Payroll & HR Operations
Manage end-to-end payroll administration, including payroll inputs collation,
submission to vendor, reconciliations, and salary disbursement.
Ensure timely processing of statutory payments, taxation, and payroll
reporting from HR databases.
Handle quarterly/annual statutory filings and Form 16 issuance.
Respond to employee payroll queries via QRMS/AskHR, and analyze trends
to build and enhance FAQs.


Collaborate with the Finance team for payroll-related activities.
Prepare and submit Salary Journal Vouchers (JV) and resolve related
queries.
Submit funding/payment requests (salary, benefits, statutory contributions,
etc.).
Support HR provisioning activities and manage business queries on salary
cost and budgeting variances.
Compliance & Governance
Manage labour law compliance including S&E certification, CLRA
compliance, and statutory filings.
Liaise with the Tax team for expatriate payroll, taxation, and related matters.
Support internal and external audits, ensuring documentation and
compliance readiness.
Retiral & Benefits Management
Oversee end-to-end retiral processes, including Provident Fund, Pension,
and Gratuity.
Establish and monitor control mechanisms for vendor-managed retiral
activities.
Manage trust-related matters, including audit closures.
Ensure timely gratuity remittance and compliance with regulations.


Support actuarial valuation processes across retirals and employee benefits.
Provide regular updates to trustees on fund performance.
Systems & Reporting
Develop and maintain HR dashboards and reports.
Demonstrate strong working knowledge of Workday, including operational
workflows, process management, and organizational structures.
Key Skills & Competencies
Strong understanding of payroll processes, compliance, and HR operations
Excellent analytical and problem-solving abilities
Strong stakeholder management and vendor coordination skills
High attention to detail and accuracy
Effective verbal and written communication skills
Ability to manage multiple priorities and deadlines
Profile Required
7–8 years of experience in payroll processing and HR operations
Proven ability to build and maintain relationships with HR vendors and
internal stakeholders


Strong decision-making and problem-solving capabilities
Experience handling compliance and audits
Prior experience managing unions will be an added advantage


Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.


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